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On the same day news broke that inflation has hit a nearly 40-year high, the CBO announces the true cost of the #BuildBackBroke agenda. $3 TRILLION. Americans can't afford Washington's spending problems.
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CBO and the Joint Committee on Taxation project the budgetary effects, including the effects on interest costs, of a modified version of H.R. 5376, the Build Back Better Act, that would make various policies permanent rather than temporary. cbo.gov/publication/57
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Anything spent for Biden's infrastructure should be added to the $0.00 spent by Trump in his 4 years and divided by 8 years to get the true annual cost of the Act.
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And the 3 trillion is only if thing are made permanent ( like the QOP corporate taxcuts) which in the bill they are not. QOP still trying to lie to Americans, it's what they do best.
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GOP posturing as “deficit hawks” was always fraudulent. Trump officials oversaw a $8 trillion jump in the federal debt in 4 years. Republicans certainly didn't care about the deficit when they rammed through a $1.9 trillion tax cut without any offsetting cost savings.
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